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Once again, don't buy shares if you don't like the system. Even if you believe the system is "broken", your (and Barney Frank's) idiotic idea of having some kind of government mandate on compensation is a perfect example of the cure being worse than the disease.

So you don't believe in the freedom to contract? Who gave you the right to say that I can't structure my business with any compensation arrangement I want. If I go public, and you don't like it, then don't buy any shares. Just go buy BRK or some other company with low exec comp and see how well...

Yes, but what is the alternative. Let short rates remain negative in real terms indefinitely? You just get a bigger bubble. You are right that if he had raised rates even more aggressively he would have killed the leveraged lenders sooner, but they are dead now anyway. It was imperative for...

How do you figure this?

http://www.youtube.com/watch?v=_K1kClwG7Js

The difference in our opinion stems from our concepts of wealth. You define it as "value," or a person's perception of wealth. I concede that type of wealth does increase with the feeling of security provided by the government or an insurance agent. This kind of wealth also increases when a...

Nonsense. All the examples you cite are of government acting to limit loss and destruction by preventing acts of aggression. No wealth creation there. This civilizing of society provides the conditions for wealth creation by allowing entrepreneurs to focus their efforts on production and...

If you don't mind me asking, how did you acquire your second passport?

The dangers of second hand smoke were not known until relatively recently. Who knows what Rand would have thought about that issue. Third world countries do not represent true capitalism, at least as Rand defined it. Third world countries offer little legal protection of private property or...

I don't know what her wedding vows were, but both Rand and her partner received consent from there respective spouses before beginning their affair. The negative health effects of smoking were not known for most of Rand's life. Regardless, there is no reason why potentially self destructive...

Just curious, but why do you think that smoking, having sex outside a marriage, and recognizing the biological facts of the human animal (ie the physical superiority of males and the abnormality of homosexuality) are incompatible with objectivism?

What a douche bag... SPIEGEL: Your proposal would be dismissed on Wall Street as "big government." Republicans might call it European-style "socialism." Soros: That is exactly what we need now. I am against market fundamentalism. I think this propaganda that government involvement is...

Many people would agree that these guys are overcompensated stuffed shirts at best and corrupt buffoons at worst. But the question, Triple A, is who gets the power to tell a corporate entity what is a fair salary. Freedom to contract is an essential, and efforts to regulate exec comp would be a...

Why would I care about smearing you, boy? I am only trying to 1) figure out how your mind can (seemingly) be so dichotomous, and 2) point out where you are mistaken.

99.9% of ET posts fit into this category, yours included.

Apologies, meant to say your post was retarded. I just think that you are a little confused about who are the true friends of personal and economic freedom, and who are friends only to the extent that it fits their personal ideologies. Having the freedom to do coke off a prostitutes stomach...

Are you saying that you did not prefer Obama to McCain, or Obama to Bush? If not, it is completely justified to question you libertarianism. And for every quote you can find where you are critical of Obama, I can find one in which you write favorably of him. And I agree you have written some...

Ok Cutten, he is a "kind of" libertarian (whatever that means) who supports the most left wing, statist, anti-Constitution, class warfare, soak the rich, populist candidates he can find. Kind of like you. BTW the right to abortion is by no mean a "classic" libertarian position. Libertarians...

Yeah, I could never understand it since he presents himself as a free marketeer and libertarian. That is the only reason I respond to his posts. I feel like he needs an intervention to get him off the Obama crack pipe.